Question

scare city of resource give rise to ​

Answer 1

Explanation:

Therefore, scarcity of resources gives rise to the fundamental economic problem of choice. As a society cannot produce enough goods and services to satisfy all the wants of its people, it has to make choices. ... Choices or alternatives (or opportunity cost) are illustrated in terms of a production possibility curve.

Answer 2

Answer:

firstly it is scarcity of resources

Explanation:

The Problem of Choice: ... Therefore, scarcity of resources gives rise to the fundamental economic problem of choice. As a society cannot produce enough goods and services to satisfy all the wants of its people, it has to make choices